Answer Happy

Exercise 14-2 (Algo) Determine the price of bonds in various situations (L014-2] Complete the below table to calculate the price of a $1.1 million bond issue under each of the following independent assumptions (EV of $1. PV of $1. EVA of S1, PVA of $1. EVAD of Si and PVAD of $1): 1. Maturity 15 years, interest paid annually, stated rate 8%, effective market) rate 12% 2. Maturity 15 years. Interest pald semiannually, stated rate 8%, effective market rate 12%, 3. Maturity 5 years, Interest paid semiannually stated rate 10% effective market) rate 8% 4. Maturity 10 years, interest paid semiannually stated tate 10% effective (market) rate 8%. 5. Maturity 10 years, Interest paid semiannually, stated rate 10%, effective market) rate 10% Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Maturity 15 years, interest, pald annually, stated rate 8%, effective (market) rate 12%. (Round your answers to the nearest whole dollar) Price of bonds Hled Required 2 >